Cryptocurrencies Face Greater Oversight Under Gensler-Led SEC

From bnnbloomberg.ca

Gary Gensler’s expected nomination to lead the U.S. Securities and Exchange Commission is seen ushering in an era of greater federal oversight of the $1 trillion cryptocurrency market. Gensler, who most recently taught about cryptocurrencies and their underlying technologies at the Massachusetts Institute of Technology, previously chaired the Commodity Futures Trading Commission and was a partner at Goldman Sachs Group Inc. He is known for pushing back at banks and corporations in search of greater investor protections. In talks and editorials over the last several years, he’s advocated for a nationwide way to ... (full story)